Greywolf1: Or to simply conjure it to train your conjuration skill, without intending to use the bound weapon (which is relatively easy in Oblivion because mana regenerates fast - unless you play Atronach, or use a mod to slow down mana regeneration).
I don't remember if you can actually cast a bound weapon before the first instance wears off; if that's the case, then you'll need to use a summon spell instead.
If you *are* playing Atronach, it's still not hard to train Conjuration, as there are a couple ways to recover your mana:
* Drink custom Restore Magicka potions. These potions are easy to make and practical (considerably more practical than in Morrowind). Drink one, and for a while your Magicka will regenerate. (For example, with 75 Alchemy, 50 Luck, and novice alchemy equipment, one potion will last 31 seconds according to a calculator I found online.) This potion alone is enough of a reason to boost your Alchemy if you're playing with the Atronach birthsign.
* Summon a spellcasting monster, attack it until it turns hostile, then absorb the spells it throws at you. This allows you to regain Magicka without using any items, while also giving you some Conjuration experience. There's also the option of soul trapping your summons, allowing you to recharge your magic items and enchant your own.
Another method that can help you raise the skill is to enchant items with Fortify Conjuration effects to raise your effective Conjuration, preferably to 100, in order to reduce the cost. (You'll still need practice to get access to the stronger spells, however.)
Also worth noting that Conjuration increases faster than any of the other magic skills. (Restoration, on the other hand, increases more slowly, probably to balance how many spell effects it was given. Maybe they should have given some of the Restoration effects to other schools and made Restoration easier to raise to compensate?)